These unprecedented times have shown us that the ability for companies to predict their cash and liquidity is more important than ever. Booking Holdings owns and operates some of the world’s largest travel aggregators that allow customers to book accommodation, flights, ground transport, and restaurants. The firm’s flagship website, Booking.com, offers access to some 2.5 million properties across over 230 countries and territories. Due to Booking Holdings enormous geographic reach and need for numerous bank accounts across the word, accurate cash forecasting became a challenge. In this session, Booking’s Treasury Team alongside J.P. Morgan will share how they brought Real Time Treasury to practice by leveraging APIs for multibank reporting resulting in significant improvements in streamlining and processes.
Speakers: Tom Devine, Head of Treasury Operations Booking.com, and Alexander Huiskes, International Coverage Executive J.P. Morgan.